Newsroom

The Board of Directors of HolidayCheck AG, Bottighofen, Switzerland, has appointed Gilles Despas, 43, as its new CEO and Chairperson of the Management Board. He joins the company today.

Following a year of strong growth in 2011, TOMORROW FOCUS AG moved seamlessly into 2012 with a further increase in revenue. After adjusting for the AdJug Group (since 1 August 2011 TOMORROW FOCUS AG is no longer the majority shareholder), the Group’s consolidated revenue from operating activities in the first quarter of 2012 showed a year-on-year increase of 16.2 percent from EUR 31.3 million to EUR 36.4 million.

TOMORROW FOCUS AG’s acquisition of a 55 percent stake in the Tjingo Group, which operates the Dutch online travel agent Tjingo.nl, will take effect on 2 April 2012. Managing Directors Jan van der Tempel and Björn Huiskes, who set up the company in 2005, hold the remaining 45 percent stake in the company.

TOMORROW FOCUS AG grew by a considerable margin in the financial year 2011. According to the final figures, both consolidated revenue and the key earnings results were well above the levels achieved in the previous year.

TOMORROW FOCUS AG grew by a considerable margin in the financial year 2011. According to the provisional figures, both consolidated revenue and the key earnings results were well above the levels achieved in the previous year.

Stefan Winners, CEO at TOMORROW FOCUS AG, informed the Supervisory Board today that he does not intend to renew his contract with the company when it expires on 31 December 2012.

TOMORROW FOCUS AG recorded further strong growth in the first three quarters of 2011. According to the definitive results, both consolidated revenue and the key figures for Group earnings were well up on the same period in 2010.

TOMORROW FOCUS AG has sold 35.86 percent of its stake in AdJug Ltd. to international media and advertising group Dentsu Inc, who is strengthening its New York-headquartered digital technology division IgnitionOne, giving it an 80 percent stake of AdJug. As a result, TOMORROW FOCUS AG’s stake in the London-based online marketing firm AdJug was reduced from 55.86 percent to 20 percent. AdJug’s founders, Michael Stephanblome and Satish Jayakumar, will continue to run the company. TOMORROW FOCUS and IgnitionOne will enable AdJug to aggressively expand its global footprint.

According to the final results, both consolidated revenue and the key figures for Group earnings were well up on the same period in 2010.

Annet Aris and Philipp Welte were elected to succeed Jean-Paul Schmetz and Helmut Markwort on the Supervisory Board.